Our successful completion of the SSAE 16 Type II examination validates our ongoing work to ensure secure, robust solutions for Humanic clients
Mahwah, NJ (PRWEB) April 24, 2013
Humanic, a leader in providing human resources (HR) and payroll technology solutions for more than three decades, announced today that it has recently completed its examination in conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization for the period July 1, 2012 through January 31, 2013 that was performed by an independent auditing firm.
Completion of the SSAE 16 Type II examination indicates that selected Humanic processes, procedures and controls have been formally evaluated and tested by an independent accounting and auditing firm. The examination included the company’s controls related to Humanic’s Human Resources Management System (HRMS) Software-as-a-Service (SaaS) application system at the company’s Mahwah, NJ location for processing user entities’ transactions, as well as the suitability of the design and operating effectiveness of controls to achieve the related control objectives.
SSAE 16 is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for a user entity’s management to obtain assurance about service organization internal controls without conducting additional assessments. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SSAE 16 reports even more important to the process of reporting on effective internal controls by public companies.
An SSAE 16 examination is widely recognized because it represents that a service organization has been through an evaluation of their control activities as they relate to an audit of the financial statements of its customers. A Type II report not only includes the service organization’s system description, but also detailed testing of the design and operating effectiveness of the service organization's controls.
“We’re pleased that an independent organization has confirmed the operating effectiveness of our HRMS and SaaS systems,” said Jeffrey Noolas, Humanic’s president and CEO. “Our successful completion of the SSAE 16 Type II examination validates our ongoing work to ensure secure, robust solutions for Humanic clients.”
Humanic has been a leading provider of human resource management solutions since its inception in 1982. The company is committed to solving HR, payroll, time and attendance and talent management challenges and has supported hundreds of organizations in moving to a cohesive HR strategy. Humanic’s software applications are affordable and scalable, providing feature-rich, yet easy-to-use solutions for almost any size organization. With a solid understanding of the needs of today’s HRIS professionals and specific industry requirements, Humanic Design has solved human resource problems for a wide range of organizations. Humanic uses Oracle technology and offers both licensed software and software as a service (SaaS) via Humanic’s SAE 16 certified (SAS 70 II) data center.
To learn more about Humanic, visit http://www.Humanic.com or follow Humanic on Twitter @HumanicDesign